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Chinas SDV sub exporting gray-zone warfare to the Gulf
China’s low-key rollout of an underwater commando craft in Saudi Arabia highlights how it is linking special operations warfare with a global arms-sales push. This month, the South China Morning Post (SCMP) reported that China’s state-owned shipbuilder China State Shipbuilding Corporation (CSSC) unveiled a rare overseas glimpse of a secretive underwater combat vehicle at a…
US investors now own 23% of Taiwans equity market amid AI boom
The Taiwan Stock Exchange has become increasingly tied to American capital, as the global artificial intelligence boom drew a record amount of US investments into the island’s semiconductor-heavy equity market. US investors currently hold a record US$668 billion worth of Taiwan equities – about 23 per cent of the exchange’s total market capitalisation – after…
2 Hongkongers held as HK$7.5 million cross-border sham marriage network smashed
Hong Kong immigration officers have arrested two residents suspected of being core members of a cross-border sham marriage syndicate that generated more than HK$7.5 million (US$964,823) in illicit earnings, following a joint operation with mainland Chinese law enforcement agencies. Chief Immigration Officer Tang Wai-yip said on Monday that the department apprehended a man, 43, and…
Hong Kong police hunt for 2 after young man attacked with sharp weapons
Hong Kong police are searching for two suspects who allegedly attacked a 20-year-old man with sharp weapons at a bus terminal in Admiralty. Police were alerted at 10.17pm on Wednesday that two men were suspected of attacking a young man with sharp weapons at a bus terminal on Queensway, a major road in Admiralty. The…
Hong Kong’s URA eyes engaging developers early to reduce risk of failed tenders
Hong Kong’s cash-strapped Urban Renewal Authority (URA) is looking at engaging private developers at an earlier stage of the redevelopment process by allowing them to acquire the old buildings to reduce the risk of failed tenders, the body’s chief has revealed. The remarks by URA managing director Donald Choi Wun-hing on Monday followed the authority’s…
Hong Kong Legco poll to go ahead as planned with fire recovery on track
Hong Kong’s Legislative Council election will be held as scheduled on December 7, as recovery and rebuilding work from the city’s deadliest blaze in decades is proceeding largely smoothly, a source has told the Post. The insider said the decision to proceed with the poll as planned was also based on legal considerations, as postponing…
